2005 Minnesota Statutes

     321.0507 Right to distribution. 

    When a partner or transferee becomes entitled to receive a 
 distribution, the partner or transferee has the status of, and 
 is entitled to all remedies available to, a creditor of the 
 limited partnership with respect to the distribution.  However, 
 the limited partnership's obligation to make a distribution is 
 subject to offset for any amount owed to the limited partnership 
 by the partner or dissociated partner on whose account the 
 distribution is made. 

    HIST: 2004 c 199 art 5 s 49